General Provisions Approving Surety Bond Models as Guarantees in Public Contracts under the Law on Acquisitions, Leases and Services of the Public Sector and the Law on Public Works and Related Services — SHCP — MX

DOF: 15/04/2022

GENERAL PROVISIONS APPROVING THE MODELS OF SURETY BONDS CONSTITUTED AS GUARANTEE IN PUBLIC CONTRACTS CARRIED OUT UNDER THE LAW ON ACQUISITIONS, LEASES AND SERVICES OF THE PUBLIC SECTOR AND THE LAW ON PUBLIC WORKS AND RELATED SERVICES

A seal with the National Coat of Arms, which reads: United Mexican States.- Secretariat of Finance and Public Credit.

ROGELIO EDUARDO RAMÍREZ DE LA O, Secretary of Finance and Public Credit, based on

Articles 1, 2, fraction I, 14, 16 first paragraph, 26 and 31, fractions XXV and XXXII of the Organic Law of the Federal Public Administration; Transitory Articles Eighth and Thirteenth of the Decree by which various provisions of the Organic Law of the Federal Public Administration are reformed, added and repealed, published in the Official Gazette of the Federation on November 30, 2018; Article 18, second paragraph of the Law on Insurance and Surety Institutions; 45, fractions XI and XVII, 48, 49 and 53, second paragraph, of the Law on Acquisitions, Leases and Services of the Public Sector; 46, fraction IX, 48, 49 and 66, second paragraph of the Law on Public Works and Related Services; 81, fraction II and 103 of the Regulations of the Law on Acquisitions, Leases and Services of the Public Sector; 89, 90, 91, 92, 93, 94, 95, 96, 97, 98 and 105, third paragraph of the Regulations of the Law on Public Works and Related Services; 4, 6, fractions XXIX and XXXIV and 8, of the Internal Regulations of the Secretariat of Finance and Public Credit, and Transitory Tenth of the Internal Regulations of the Secretariat of Public Function, published in the Official Gazette of the Federation on April 16, 2020, and

CONSIDERING

That the Political Constitution of the United Mexican States, in its Article 134, first paragraph, provides that the economic resources available to the Federation shall be administered with efficiency, effectiveness, economy, transparency and honesty to satisfy the objectives to which they are destined;

That the Organic Law of the Federal Public Administration, in its Article 31, fractions XXV and XXVI,

confers upon the Secretariat of Finance and Public Credit the authority to plan, establish and conduct general policy in matters of public procurement regulated by the Law on Acquisitions, Leases and Services of the Public Sector and the Law on Public Works and Related Services, promoting the best contracting conditions in accordance with the principles of efficiency, effectiveness, economy, transparency, impartiality and honesty; issue and interpret the norms, guidelines, manuals, procedures and other analogous instruments that are required in said matters; as well as promote the homologation of policies, norms and criteria in matters of public procurement;

That in terms of Article 18, second paragraph of the Law on Insurance and Surety Institutions, it corresponds to the Secretariat of Finance and Public Credit to issue the administrative provisions of a general nature, in accordance with which the Surety Bond Models are issued;

That the Surety Bond Models have the purpose of being implemented efficiently in the procedures and contracts carried out by the dependencies and entities under the Law on Acquisitions, Leases and Services of the Public Sector and the Law on Public Works and Related Services;

That the dependencies and entities in compliance with the applicable provisions established in the articles 48, of the Law on Acquisitions, Leases and Services of the Public Sector and 48 of the Law on Public Works and Related Services, require that suppliers and contractors guarantee the advances and the fulfillment of the contracts in the matters of acquisitions, leases and services, as well as in public works and services related to the same;

That with regard to articles 53, second paragraph of the Law on Acquisitions, Leases and Services of the Public Sector and 66 of the Law on Public Works and Related Services, the dependencies and entities shall request that suppliers and contractors guarantee defects and hidden defects of the goods and of the quality of the contracted services, as well as defects and hidden defects in completed works;

That according to what is established in articles 49, of the Law on Acquisitions, Leases and Services of the Public Sector and 49 of the Law on Public Works and Related Services, the guarantees that the dependencies of the Federal Public Administration request in the procedures of procurement of acquisitions, leases and services and of public works and services related to the same, shall be granted in favor of the Treasury of the Federation; in the case of entities of the Federal Public Administration, they shall be issued in their favor; and in the case of federative entities or municipalities, their Treasuries shall be the beneficiaries;

That according to what is established in articles 48, fraction II of the Law of the Treasury of the Federation, 79, fraction II and subsection b) of fraction III of the Regulations of the Federal Budget and Financial Responsibility Law, in correlation with articles 24 of the Law on Acquisitions, Leases and Services of the Public Sector and 24 of the Law on Public Works and Related Services, the guarantees that must be constituted in favor of the dependencies and entities for acts and contracts that they celebrate, can be implemented through a surety bond granted through an authorized institution; consequently, I have deemed it appropriate to issue the following Provisions:

Article First: These provisions shall be mandatory for the subjects referred to in
articles 1, fractions I to VI of the Law on Acquisitions, Leases and Services of the Public Sector and 1, fractions I to VI of the Law on Public Works and Related Services.

The references made to the dependencies and entities in these provisions shall be understood to apply to the federative entities, the municipalities and the public entities of both, when these fall under the case referred to in fraction VI of article 1 of the Law on Acquisitions, Leases and Services of the Public Sector and the Law on Public Works and Related Services.

Article Second: The Models of Surety Bonds corresponding to the following
guarantees are issued:

1.
Advance, Annex 1.

2.
Performance, Annex 2.

3.
Hidden Defects, Annex 3.

Article Third: The dependencies and entities shall include the Model or Models of Surety Bonds
that correspond, in the contracts or orders they celebrate; as well as, in the bases and models of contracts or orders of the calls for public tenders, invitations to at least three persons and requests for quotation for the case of direct awards, whether they are in-person procedures, electronic or mixed.

Article Fourth: The General Comptroller's Office of the Secretariat of Finance and Public Credit, will disseminate the Models
of Surety Bonds referred to in Article First of these provisions, in the Electronic System of Government Public Information on acquisitions, leases and services, and public works and services related to the same, called CompraNet.

TRANSITORY ARTICLES

First.- These General Provisions shall enter into force 30 business days after their publication in the Official Gazette of the Federation, a period during which the dependencies and entities will make the necessary adjustments to their Policies, Bases and Guidelines, models of contracts or orders, and in their contracts or orders that they intend to celebrate, in order to incorporate the Models of Surety Bonds referred to in Article First of these provisions.

Second.- All surety bonds for advance, performance and hidden defects that have already been requested and/or issued upon the entry into force of these provisions, will continue their validity and legal effects in accordance with what is provided in them.

Mexico City, March 31, 2022. - The Secretary of Finance and Public Credit, Rogelio Eduardo Ramírez de la O. - Signature.

ANNEX 1. SURETY BOND MODEL TO GUARANTEE, BEFORE THE FEDERAL
PUBLIC ADMINISTRATION, THE ADVANCE OF THE CONTRACT OF ACQUISITIONS, LEASES, SERVICES, PUBLIC WORK OR SERVICES RELATED TO THE SAME. (DEPENDENCIES)

(Surety or Insurer)

Social Name: __________ hereinafter (the "Surety" or the "Insurer")

Address: __________________.

Authorization from the Federal Government to operate: (Number of office and date)

Beneficiary:

Treasury of the Federation, hereinafter "the Beneficiary".

Address: ____________________

Contracting Dependency: _______________, (hereinafter "the Contracting Party").

The electronic means by which the bond can be sent to "the Contracting Party" and to "the Beneficiary": _______.

Surety(ies): In case of joint proposal, the name and data of each of them

Name or social name: _____________________________.

RFC: __________.

Address: (The same as that appearing in the main contract)

Policy Data:

Number: ____________________. (Number assigned by the Surety or Insurer)

Bonded Amount: _____________________ (In letters and numbers including VAT)

Currency: __________________________________.

Date of issue: _____________________.

Guaranteed Obligation: The proper investment, application, amortization or partial or total return of the amount of money delivered to the surety by way of advance granted, in the manner and within the timeframes established for such effect in the contract and its annexes, in terms of Clause FIRST of the present surety bond.

Contract Data, hereinafter the "Contract or Order":

Number assigned by "the Contracting Party": __________________.

Object: _____________.

Contract Amount: (In letters and numbers, including Value Added Tax)

Currency: ________________________________.

Date of subscription:
_________________.

Type: (Acquisitions, Leases, Services, Public Works or services related to the same)

Procedure to which the present surety bond will be subject to make it effective: The one provided for in
article 282 of the Law on Insurance and Surety Institutions.

Competence and Jurisdiction: For everything related to this bond, the surety, the guarantor and any other obliged party, as well as the Beneficiary, shall submit to the jurisdiction and competence of the federal courts of ___________________ (specify the place), waiving the forum that might correspond to them by reason of their domicile or for any other cause.

This surety bond is issued in accordance with what is provided by articles 48, fraction I and last paragraph, and article 49, fraction I of the Law on Acquisitions, Leases and Services of the Public Sector.

This surety bond is issued in accordance with what is provided by articles 48, fraction I and 49, fraction I of the Law on Public Works and Related Services, and articles 94 and 98 of its Regulations.

Validation of the bond on the internet portal, electronic address www.amig.org.mx

(Name of the representative of the Surety or Insurer)

GENERAL CLAUSES TO WHICH THIS ADVANCE SURETY BOND IN MATTER OF (ACQUISITIONS, LEASES, SERVICES, PUBLIC WORK OR SERVICES RELATED TO THE SAME) WILL BE SUBJECT.

FIRST. - GUARANTEED OBLIGATION.

This surety bond guarantees the investment, application, amortization or partial or total return of the amount of money delivered to the surety by way of advance, including Value Added Tax, by
part of "the Contracting Party", in accordance with what was agreed in the contract indicated in the cover of the present
policy, as well as the interests that accrue in accordance with the rate established in the Law on Federal Revenues, for the case of extension in the payment of fiscal credits, if the surety did not invest, apply, return or amortize it totally or partially within the timeframe and in accordance with the purposes for which it was granted, as well as its financial cost. In no case shall the sum of the above concepts exceed the total guaranteed amount.

SECOND. - BONDED AMOUNT.

(The "Surety" or the "Insurer"), commits to pay to "the Beneficiary", up to the amount bonded which is ______(In numbers and letters) which includes Value Added Tax representing 100% (one hundred percent) of the advance granted.

THIRD. - DEFAULT INDEMNITY.

(The "Surety" or the "Insurer"), undertakes to pay the default indemnity that may apply in accordance with article 283 of the Law on Insurance and Surety Institutions.

FOURTH. - VALIDITY.

The surety bond shall remain valid until the total amortization of the advance or, in its case, the return of the totality or of the unamortized part or that the object for which said advance was granted by "the Contracting Party" has been fulfilled.

Likewise, this surety bond shall remain valid during the processing of all legal remedies, arbitrations or lawsuits that are filed with origin in the guaranteed obligation until a final resolution is pronounced by a competent authority or tribunal that has become final, such that its validity cannot be limited by reason of the execution timeframe of the "Contract" and shall remain in force even in the cases where "the Contracting Party" grants extensions or stays to the surety for the fulfillment of the contractual obligations.

FIFTH. - SUB JUDICE.

(The "Surety" or the "Insurer") shall make the payment of the required amount, under the terms stipulated in this surety bond, and, in its case, the default indemnity in accordance with what is established in
article 283 of the Law on Insurance and Surety Institutions, even if the obligation is sub judice, by virtue of a procedure before a judicial, administrative authority or arbitral tribunal, unless the surety obtains the suspension of its execution, before said instances.

(The "Surety" or the "Insurer") shall communicate to "the Beneficiary" of the guarantee, the granting of the suspension to the surety, accompanying the respective records that so prove it, in order to be able to abstain from collecting the surety bond until a final judgment is issued.

SIXTH. - CO-SURETY OR JOXTAPOSITION OF GUARANTEES.

The co-surety or juxtaposition of guarantees shall not imply novation of the obligations assumed by (the "Surety" or the "Insurer"), so its responsibility shall subsist exclusively to the extent and conditions under which it assumed it in this surety bond and in its modifying documents.

SEVENTH. - CANCELLATION OF THE SURETY BOND.
(Only include for the case of Acquisitions, Leases and Services)

(The "Surety" or the "Insurer") shall be released from its surety obligation as long as "the Contracting Party" communicates in writing, through the public servant authorized for this purpose, its consent to cancel this guarantee.

The surety shall request the cancellation of the surety bond for which it must present to (the "Surety" or the "Insurer") the documentation described in the previous paragraph.

SEVENTH. - CANCELLATION OF THE SURETY BOND.
(Only include for the case of Public Works and Related Services)

The surety may request the cancellation of the surety bond for which it must present to (the "Surety" or the "Insurer") the documentation described in the previous paragraph,

EIGHTH. - PROCEDURES

(The "Surety" or the "Insurer"), expressly accepts to submit to the procedure provided for in
article 282 of the Law on Insurance and Surety Institutions to make the surety bond effective.

NINTH. - REQUIREMENT.

"The Beneficiary" may carry out the payment request referred to in article 282 of the Law on Insurance and Surety Institutions in the main offices, branches, service offices or well in the domiciles of the attorneys designated by the Institution to receive payment requests, corresponding to each of the regions competent for the Regional Chambers of the Federal Tribunal of Administrative Justice.

"The Beneficiary" shall request payment from the institution accompanying the following justificatory documents:

1.
The Act or Contract in which the obligation of the surety is stated.

2.
The Surety Bond and endorsement or endorsements respectively.

3.
The Administrative Act, in which the acts or omissions constituting the non-compliance with the guaranteed obligations shall be recorded chronologically and in detail.

4.
The Settlement of debt or document in which the credit or amount to be requested against the guarantee is stated.

5.
If any, the lawsuit or the writing of any other legal defense means appropriate, filed by the surety, resolutions or final judgments issued by competent authority and their notifications.

6.
The other documents that the Treasury deems pertinent.

These documents shall be accompanied in original or in certified copy, except for the surety bond and its endorsement or endorsements, which shall be attached in original.

TENTH. - APPLICABLE PROVISIONS.

This bond shall be subject, in what is not provided for by the Law on Insurance and Surety Institutions, to commercial legislation and in the absence of express provision, the Federal Civil Code.

ELEVENTH. - DELIVERY OF SURETY BONDS.

(The "Surety" or the "Insurer") shall deliver to "the Beneficiary", a copy of this policy through the electronic means, the email address, or both in accordance with what is indicated in the cover of this policy.

ANNEX I. SURETY BOND MODEL TO GUARANTEE, BEFORE THE FEDERAL
PUBLIC ADMINISTRATION, THE ADVANCE OF THE CONTRACT OF ACQUISITIONS, LEASES, SERVICES, PUBLIC WORK OR SERVICES RELATED TO THE SAME. (ENTITIES)

(Surety or Insurer)

Social Name: ________________________ hereinafter (the "Surety" or the "Insurer")

Address: _______________________.

Authorization from the Federal Government to operate: (Number of office and date)

Beneficiary:

(Name of the Parastatal Entity), hereinafter "the Beneficiary".

Address: _____________________.

The electronic means by which the bond can be sent to "the Contracting Party" and to "the Beneficiary":
______________.

Surety(ies): In case of joint proposal, the name and data of each of them

Name or social name: _____________________________.

RFC: __________.

Address: (The same as that appearing in the main contract)

Policy Data:

Number: ____________________. (Number assigned by "the Surety or Insurer")

Bonded Amount: ____________________ (In letters and numbers including Value Added Tax) Currency: __________________________________.

Date of issue: _____________________.

Contract or Order Data, hereinafter the "Contract":

Number assigned by "the Contracting Party": __________________.

Object: _____________.

Contract Amount: (In letters and numbers, including Value Added Tax)

Currency: ________________________________.

Date of subscription:
_________________.

Type: (Acquisitions, Leases, Services, Public Works or services related to the same.)

Procedure to which the present surety bond will be subject to make it effective: The one provided for in
article 279 of the Law on Insurance and Surety Institutions.

Competence and Jurisdiction: For everything related to this bond, the surety, the guarantor and any other obliged party, as well as "the Beneficiary", shall submit to the jurisdiction and competence of the federal courts of ___________________ (specify the place), waiving the forum that might correspond to them by reason of their domicile or for any other cause.

This surety bond is issued in accordance with what is provided by articles 48, fraction I and last paragraph, and article 49, fraction II, of the Law on Acquisitions, Leases and Services of the Public Sector.

This surety bond is issued in accordance with what is provided by articles 48, fraction I, and 49, fraction II, of the Law on Public Works and Related Services, and articles 94 and 98 of its Regulations.

Validation of the bond on the internet portal, electronic address www.amig.org.mx

(Name of the representative of the Surety or Insurer)

GENERAL CLAUSES TO WHICH THIS ADVANCE SURETY BOND IN MATTER OF (ACQUISITIONS, LEASES, SERVICES, PUBLIC WORK OR SERVICES RELATED TO THE SAME) WILL BE SUBJECT.

FIRST. - GUARANTEED OBLIGATION.

SECOND. - BONDED AMOUNT.

THIRD. - DEFAULT INDEMNITY.

(The "Surety" or the "Insurer") agrees to pay compensation for delay in payment of the amount of the required surety bond, in accordance with Article 283 of the Law on Insurance and Surety Institutions.

FOURTH. VALIDITY.

The surety shall remain valid until the total amortization of the advance payment or, if applicable, the return of the unamortized portion or until compliance with the purpose for which said advance payment was granted by "the Contracting Party".

Likewise, this surety shall remain valid during the processing of all legal appeals, arbitrations, or lawsuits filed arising from the guaranteed obligation until a final resolution is issued by the competent authority or tribunal that has become final, such that its validity cannot be limited due to the execution period of the "Contract" and shall remain in force even in cases where "the Contracting Party" grants extensions or stays to the debtor for the fulfillment of the contractual obligations.

FIFTH. - SUB JUDICE.

(The "Surety" or the "Insurer") shall make the payment of the claimed amount, under the terms stipulated in this surety bond, and, if applicable, the compensation for delay in accordance with Article 283 of the Law on Insurance and Surety Institutions, even if the obligation is sub judice, by virtue of proceedings before a judicial, administrative authority, or arbitral tribunal, unless the debtor obtains the suspension of its execution before said instances.

(The "Surety" or the "Insurer") must notify "the Beneficiary" of the guarantee of the granting of the suspension to the debtor, attaching the respective records that certify this, so that it is in a position to refrain from collecting the surety until a final judgment is issued.

SIXTH. - CO-SURETY OR YUXTAPOSITION OF GUARANTEES.

Co-surety or yuxtaposition of guarantees shall not imply novation of the obligations assumed by (the "Surety" or the "Insurer"), so its responsibility shall subsist exclusively to the extent and conditions under which it assumed it in this surety bond and its modifying documents.

SEVENTH. - CANCELLATION OF THE SURETY.
(Only to be included in the case of Acquisitions, Leases, and Services)

The debtor may request the cancellation of the surety, for which it must present to (the "Surety" or the "Insurer") the documentation described in the previous paragraph.

SEVENTH. - CANCELLATION OF THE SURETY.
(Only to be included in the case of Public Works and Related Services)

The debtor may request the cancellation of the surety, for which it must present to (the "Surety" or the "Insurer") the documentation described in the previous paragraph.

EIGHTH. - PROCEDURES

(The "Surety" or the "Insurer") expressly agrees to submit to the procedure provided for in Article 279 of the Law on Insurance and Surety Institutions to enforce the surety.

NINTH. - CLAIM.

"The Beneficiary" may present the claim referred to in Article 279 of the Law on Insurance and Surety Institutions at any office or branch of the Institution and before any attorney or representative thereof.

TENTH. - APPLICABLE PROVISIONS.

This bond shall be subject, in matters not provided for by the Law on Insurance and Surety Institutions, to commercial legislation and, in the absence of express provision, to the Federal Civil Code.

ANNEX 2. MODEL SURETY BOND POLICY TO GUARANTEE COMPLIANCE WITH THE CONTRACT OF ACQUISITIONS, LEASES, SERVICES, PUBLIC WORKS OR RELATED SERVICES. (DEPARTMENTS).

(Surety or Insurer)

Corporate Name: __________. hereinafter (the "Surety" or the "Insurer")

Address: __________________.

Authorization from the Federal Government to operate: ________ (Number of office and date)

Beneficiary:

Treasury of the Federation, hereinafter "the Beneficiary".

Address: _________________________________________.

Contracting Department: _______________. (Hereinafter "the Contracting Party")

The electronic medium, by which the surety can be sent to "the Contracting Party" and to "the Beneficiary": _______.

Debtor(s): (In case of joint proposal, the name and data of each of them)

Name or corporate name: _____________________________.

RFC: __________.

Address: _____________________________. (The same as that appearing in the main contract)

Policy Data:

Number: ____________________. (Number assigned by the "Surety" or the "Insurer")

Guaranteed Amount: ____________ (In letters and numbers, excluding Value Added Tax)

Currency: __________________________________.

Date of Issue: _____________________.

Guaranteed Obligation: The fulfillment of the obligations stipulated in the contract, under the terms of Clause FIRST of this surety bond.

Nature of Obligations: ____ (Divisible or Indivisible, in accordance with what is stipulated in the contract).

If Divisible, the following text shall apply: The guaranteed obligation shall be divisible, so that, in the event of any non-compliance, it shall be enforced only in the proportion corresponding to the non-compliance of the principal obligation.

If Indivisible, the following text shall apply: The guaranteed obligation shall be indivisible and in the event of any non-compliance it shall be enforced for the total amount of the guaranteed obligations.

Contract or order data, hereinafter the "Contract":

Number assigned by "the Contracting Party": __________________.

Object: ____________________________________.

Contract Amount: ____________ (In letters and numbers, excluding Value Added Tax)

Currency: ________________________________.

Date of Subscription:

_________________.

Type: ________________ (Acquisitions, Leases, Services, Public Works or related services)

Contractual obligation for the compliance guarantee: ________________ (Divisible or Indivisible, in accordance with what is stipulated in the contract)

Procedure to which this surety bond shall be subject to enforce it: The one provided for in Article 282 of the Law on Insurance and Surety Institutions.

Competence and Jurisdiction: For all matters related to this bond, the debtor, the surety, and any other obligated party, as well as "the Beneficiary", shall submit to the jurisdiction and competence of the federal courts of ___________________ (specify the place), waiving the forum that might correspond to them by reason of their domicile or for any other cause.

This surety is issued in accordance with what is provided for in Articles 48, fraction II and last paragraph, and Article 49, fraction I, of the Law on Acquisitions, Leases and Services of the Public Sector, and Article 103 of its Regulations.

This surety is issued in accordance with what is provided for in Articles 48, fraction II and Article 49, fraction I of the Law on Public Works and Related Services, and Article 98 of its Regulations.

Validation of the surety on the internet portal, electronic address www.amig.org.mx

(Name of the representative of the Surety or Insurer)

GENERAL CLAUSES TO WHICH THIS SURETY BOND POLICY SHALL BE SUBJECT TO GUARANTEE COMPLIANCE WITH THE CONTRACT IN MATTER OF (ACQUISITIONS, LEASES, SERVICES, PUBLIC WORKS OR RELATED SERVICES).

FIRST. - GUARANTEED OBLIGATION.

This surety bond guarantees the fulfillment of the obligations stipulated in the "Contract" referred to in this policy and its modifying agreements that have been made or its annexes, when they do not exceed the percentage of expansion indicated in the following clause, even if part of the obligations are subcontracted.

SECOND. - GUARANTEED AMOUNT.

(The "Surety" or the "Insurer") commits to pay "the Beneficiary", up to the amount of this policy, which is (in numbers and letters excluding Value Added Tax) which represents the __ % (indicate the percentage in letters) of the value of the "Contract".

(The "Surety" or the "Insurer") acknowledges that the amount guaranteed by the compliance surety can be modified in the event that one or several modifying agreements for expansion of the amount of the "Contract" indicated on the cover of this policy are formalized, provided that the ___% of said amount is not exceeded.

Prior notice by the debtor and compliance with legal requirements, (the "Surety" or the "Insurer") shall issue the corresponding modifying document or endorsement for the sole effect of recording said expansion, without it being understood that the obligation is novated.

In the event that the percentage of increase to the "Contract" in amount is higher than those indicated, (the "Surety" or the "Insurer") reserves the right to issue subsequent endorsements for the difference between both amounts, however, upon request of the debtor, (the "Surety" or the "Insurer") may guarantee said difference and shall issue the corresponding modifying document.

(The "Surety" or the "Insurer") expressly accepts that, in case of request, it commits to pay the total guaranteed amount, provided that in the contract it has been stipulated that the guaranteed obligation is indivisible; if it is stipulated that it is divisible, (the "Surety" or the "Insurer") shall pay proportionally the amount of the non-complied obligation(s).

THIRD. - COMPENSATION FOR DELAY.

(The "Surety" or the "Insurer") agrees to pay the compensation for delay that may apply in accordance with Article 283 of the Law on Insurance and Surety Institutions.

FOURTH. - VALIDITY.

The surety shall remain valid during the fulfillment of the obligation(s) it guarantees under the terms of the "Contract" and shall continue to be valid in case "the Contracting Party" grants an extension or stay for the fulfillment of the "Contract", under the terms of the following clause.

In this way, the validity of the surety cannot be limited by reason of the period established to fulfill the contractual obligation(s).

FIFTH. - EXTENSIONS, STAYS OR EXPANSION OF THE CONTRACT TERM.

In the event that the originally set period is extended or stays or agreements for extension of time are granted for the fulfillment of the guaranteed contract and its annexes, the debtor shall notify (the "Surety" or the "Insurer"), which shall issue the corresponding modifying documents or endorsements.

(The "Surety" or the "Insurer") expressly accepts to guarantee the obligation to which this policy refers, even in the event that an extension, stay, or expansion is granted to the debtor by the "Contracting Party" for the total fulfillment of the obligations guaranteed, so that the case of extinction of surety provided for in Article 179 of the Law on Insurance and Surety Institutions does not apply, without it being understood that the obligation is novated.

SIXTH. - SUSPENSION SCENARIOS.
(Only to be included in the case of policy in matter of Acquisitions, Leases, and Services)

To guarantee the fulfillment of the "Contract", when the suspension scenarios occur under the terms of the Law on Acquisitions, Leases and Services of the Public Sector, its Regulations, and other applicable provisions, "the Contracting Party" must issue the circumstance records and, if applicable, the certificates to which there is cause. In these scenarios, at the request of the debtor, (the "Surety" or the "Insurer") shall grant the corresponding endorsements, in accordance with Article 166 of the Law on Insurance and Surety Institutions, for which it shall suffice for the debtor to present to (the "Surety" or the "Insurer") said documents issued by "the Contracting Party".

The postponement derived from the filing of administrative appeals and legal defense means does not modify or alter the initially agreed execution period, so the terms and conditions originally provided shall remain unchanged, understanding that the endorsements issued by (the "Surety" or the "Insurer") for any of the referred scenarios shall form part, solidary and inseparable, of the initial policy.

SIXTH. - SUSPENSION SCENARIOS.
(Only to be included in the case of policy in matter of Public Works and Related Services)

To guarantee the fulfillment of the contract, in case of suspension of work for any justified cause under the terms of the Law on Public Works and Related Services, its Regulations, and other applicable provisions, "the Contracting Party" must issue the circumstance records and, if applicable, the certificates to which there is cause. In these scenarios, at the request of the debtor, (the "Surety" or the "Insurer") shall grant the corresponding endorsements, in accordance with Article 166 of the Law on Insurance and Surety Institutions, for which it shall suffice for the debtor to present to (the "Surety" or the "Insurer") said documents issued by "the Contracting Party".

SEVENTH. - SUB JUDICE.

(The "Surety" or the "Insurer") shall make the payment of the required amount, under the terms stipulated in this surety bond, and, if applicable, the compensation for delay in accordance with Article 283 of the Law on Insurance and Surety Institutions, even if the obligation is sub judice, by virtue of proceedings before a judicial, administrative authority, or arbitral tribunal, unless the debtor obtains the suspension of its execution before said instances.

EIGHTH. - CO-SURETY OR YUXTAPOSITION OF GUARANTEES.

NINTH. - CANCELLATION OF THE SURETY.
(Only to be included in the case of Acquisitions, Leases, and Services)

The debtor may request the cancellation of the surety, for which it must present to (the "Surety" or the "Insurer") the certificate of total fulfillment of contractual obligations. When the debtor requests said cancellation derived from payment made for balances owed to it or for non-compliance with obligations, it must present the corresponding payment receipt.

This surety shall be cancelled when having fulfilled all the obligations stipulated in the "Contract", "the Contracting Party" has qualified or reviewed and accepted the guarantee exhibited by the debtor to respond for defects, hidden flaws of the delivered goods and for their correct functioning or for the quality of the services provided by the debtor, with respect to the "Contract" specified on the cover of this policy and its respective modifying agreements.

NINTH. - CANCELLATION OF THE SURETY.
(Only to be included in the case of Public Works and Related Services)

(The "Surety" or the "Insurer") shall be released from its surety obligation provided that "the Contracting Party" communicates in writing, through the public official authorized to do so, its consent to cancel this guarantee for having fulfilled the obligations on the part of the debtor and accepted the guarantee for defects or hidden flaws.

The debtor may request the cancellation of the surety, for which it must present to (the "Surety" or the "Insurer"), the administrative act of extinction of rights and obligations or, if applicable, the settlement, and in the event that there are balances owed by the debtor, the corresponding liquidation. Provided that the guarantee for hidden flaws has been exhibited and accepted. When the debtor requests cancellation derived from payment made for balances owed to it or for non-compliance with obligations, it must present the corresponding payment receipt.

TENTH. - PROCEDURES.

(The "Surety" or the "Insurer") expressly agrees to submit to the procedure provided for in Article 282 of the Law on Insurance and Surety Institutions to enforce the surety.

ELEVENTH. - DEMAND.

"The Beneficiary" may make the payment demand referred to in Article 282 of the Law on Insurance and Surety Institutions at the main offices, branches, service offices or at the domiciles of the attorneys designated by the Institution to receive payment demands, corresponding to each of the regions competent for the Regional Chambers of the Federal Tribunal of Administrative Justice.

"The Beneficiary" shall demand payment from the institution accompanying the following justificatory documents:

The Act or Contract in which the obligation on the part of the debtor is stated.

The Surety Bond and respective endorsement(s).

The Administrative Act, in which the acts or omissions constituting the non-compliance with the guaranteed obligations shall be recorded in a chronological and detailed manner.

The Settlement of debt or document in which the credit or amount to be demanded against the guarantee is stated.

If any, the lawsuit or the writing of any other legal defense means appropriate, presented by the debtor, resolutions or final judgments issued by competent authority and their notifications.

The other documents that the Treasury deems pertinent.

These documents shall be accompanied in original or certified copy, except for the surety bond and its endorsement(s), which must be attached in original.

TWELFTH. - APPLICABLE PROVISIONS.

This bond shall be subject, in matters not provided for by the Law on Insurance and Surety Institutions, to commercial legislation and, in the absence of express provision, to the Federal Civil Code.

THIRTEENTH. - DELIVERY OF SURETIES.

(The "Surety" or the "Insurer") must deliver to "the Beneficiary", a copy of this policy through the electronic medium, the email address, or both in accordance with what is indicated on the cover of this policy.

ANNEX 2 MODEL OF THE SURETY BOND POLICY TO GUARANTEE, BEFORE THE FEDERAL PUBLIC ADMINISTRATION, THE COMPLIANCE WITH THE CONTRACT OF: ACQUISITIONS, LEASES, SERVICES, PUBLIC WORKS OR RELATED SERVICES. (ENTITIES)

(Surety or Insurer)

Corporate Name: __________. hereinafter (the "Surety" or the "Insurer")

Address: __________________.

Authorization from the Federal Government to operate: _________ (Number of office and date)

Beneficiary:

(Name of the Parastatal Entity), hereinafter "the Beneficiary".

Address: _________________________________________.

The electronic medium, by which the surety can be sent to "the Contracting Party" and to "the Beneficiary": _______.

Debtor(s): (In case of joint proposal, the name and data of each of them)

Name or corporate name: _____________________________.

RFC: __________.

Address: _____________________________. (The same as that appearing in the main contract)

Policy Data:

Number: _________________________. (Number assigned by the "Surety" or the "Insurer")

Guaranteed Amount: _________________. (In letters and numbers, excluding Value Added Tax).

Currency: _________.

Date of Issue: ______________.

Guaranteed Obligation: The fulfillment of the obligations stipulated in the contract under the terms of Clause FIRST of this surety bond.

Nature of Obligations: ____ (Divisible or Indivisible, in accordance with what is stipulated in the contract).

Contract or order data, hereinafter the "Contract":

Number assigned by "the Contracting Party": _________________.

Object: __________________________________________.

Contract Amount: (In numbers and letters, excluding Value Added Tax)

Currency: _________________________________________.

Date of Subscription: ______________________________.

Type: (Acquisitions, Leases, Services, Public Works or related services).

Contractual obligation for the compliance guarantee: (Divisible or Indivisible, in accordance with what is stipulated in the contract)

Procedure to which this surety bond shall be subject to enforce it: The one provided for in Article 279 of the Law on Insurance and Surety Institutions.

Competence and Jurisdiction: For all matters related to this bond, the principal, the surety, and any other obligated party, as well as "the Beneficiary", shall submit to the jurisdiction and competence of the federal courts of ___________________ (specify the location), waiving the forum that might correspond to them by reason of their domicile or for any other cause.

This surety bond is issued in accordance with the provisions of articles 48, fraction II and the last paragraph, and article 49, fraction II, of the Law on Acquisitions, Leases and Services of the Public Sector, and article 103 of its Regulations.

This surety bond is issued in accordance with the provisions of articles 48, fraction II and 49, fraction II, of the Law on Public Works and Related Services, and article 98 of its Regulations.

Validation of the surety bond on the internet portal, electronic address www.amig.org.mx

(Name of the representative of the Surety Company or Insurer)

GENERAL CLAUSES TO WHICH THIS SURETY BOND FOR GUARANTEEING THE COMPLIANCE OF THE CONTRACT IN MATTER OF ACQUISITIONS, LEASES, SERVICES, PUBLIC WORKS OR RELATED SERVICES SHALL BE SUBJECT.

FIRST. - GUARANTEED OBLIGATION.

This surety bond guarantees the compliance with the obligations stipulated in the "Contract" referred to in this bond and in its modifying agreements that have been made or in its annexes, when they do not exceed the percentage of expansion indicated in the following clause, even if part of the obligations are subcontracted.

SECOND. - GUARANTEED AMOUNT.

(The "Surety Company" or the "Insurer") commits to pay the Beneficiary, up to the amount of this bond, which is (in numbers and letters, excluding the Value Added Tax) representing the ____ % (indicate the percentage in letters) of the value of the "Contract".

(The "Surety Company" or the "Insurer") acknowledges that the amount guaranteed by the performance surety bond can be modified in the event that one or several modifying agreements for the expansion of the amount of the "Contract" indicated on the cover of this bond are formalized, provided that the ___% of said amount is not exceeded.

Upon notification by the principal and compliance with legal requirements, (the "Surety Company" or the "Insurer") will issue the corresponding modifying document or endorsement solely for the purpose of recording said expansion, without it being understood that the obligation is novated.

In the event that the percentage of increase to the "Contract" amount is higher than those indicated, (the "Surety Company" or the "Insurer") reserves the right to issue subsequent endorsements for the difference between both amounts; however, upon request by the principal, (the "Surety Company" or the "Insurer") may guarantee said difference and will issue the corresponding modifying document.

(The "Surety Company" or the "Insurer") expressly accepts that in case of a claim, it commits to pay the total guaranteed amount, provided that in the Contract it has been stipulated that the guaranteed obligation is indivisible; if it is stipulated as divisible, (the "Surety Company" or the "Insurer") will pay proportionally the amount of the unfulfilled obligation(s).

THIRD. - INTEREST FOR DELAY.

(The "Surety Company" or the "Insurer") undertakes to pay the interest for delay that may apply in accordance with article 283 of the Law on Insurance and Surety Institutions.

FOURTH. - VALIDITY.

The surety bond will remain valid until the obligation(s) it guarantees are fulfilled in accordance with the "Contract" and will continue to be valid in the event that "the Contracting Party" grants an extension or grace period for the fulfillment of the "Contract", under the terms of the following clause.

Likewise, this surety bond will remain valid during the processing of all legal appeals, arbitrations, or lawsuits arising from the guaranteed obligation until a final resolution is issued by the competent authority or tribunal that has become final.

In this way, the validity of the surety bond cannot be limited by reason of the term established to fulfill the contractual obligation(s).

FIFTH. - EXTENSIONS, GRACE PERIODS, OR EXPANSION OF THE CONTRACT TERM.

In the event that the originally set term is extended or grace periods or term expansion agreements are granted for the fulfillment of the guaranteed contract and its annexes, the principal shall notify (the "Surety Company" or the "Insurer"), which must issue the corresponding modifying documents or endorsements.

(The "Surety Company" or the "Insurer") expressly accepts guaranteeing the obligation to which this bond refers, even in the event that an extension, grace period, or expansion is granted to the principal by the "Contracting Party" for the total fulfillment of the guaranteed obligations, so that the case of extinction of surety provided for in article 179 of the Law on Insurance and Surety Institutions does not apply, without it being understood that the obligation is novated.

SIXTH. - SUSPENSION SCENARIOS.

(Only to be included for bonds in the matter of Acquisitions, Leases and Services)

To guarantee the fulfillment of the "Contract", when suspension scenarios occur in accordance with the Law on Acquisitions, Leases and Services of the Public Sector, its Regulations, and other applicable provisions, "the Contracting Party" must issue the circumstance reports and, where applicable, the certificates as appropriate. In these scenarios, at the request of the principal, (the "Surety Company" or the "Insurer") will grant the corresponding endorsements, in accordance with article 166 of the Law on Insurance and Surety Institutions, for which it will suffice for the principal to present to (the "Surety Company" or the "Insurer") said documents issued by "the Contracting Party".

The postponement derived from the filing of administrative appeals and legal defense mechanisms does not modify or alter the initially agreed execution term, so the terms and conditions originally provided will remain unchanged, understanding that the endorsements issued by (the "Surety Company" or the "Insurer") for any of the referred scenarios will form part, jointly, solidarily, and inseparably, of the initial bond.

SIXTH. - SUSPENSION SCENARIOS.

(Only to be included for bonds in the matter of Public Works and Related Services)

To guarantee the fulfillment of the contract, in case of suspension of work for any justified cause in accordance with the Law on Public Works and Related Services, its Regulations, and other applicable provisions, "the Contracting Party" must issue the circumstance reports and, where applicable, the certificates as appropriate. In these scenarios, at the request of the principal, (the "Surety Company" or the "Insurer") will grant the corresponding endorsements, in accordance with article 166 of the Law on Insurance and Surety Institutions, for which it will suffice for the principal to present to (the "Surety Company" or the "Insurer") said documents issued by "the Contracting Party".

SEVENTH. - SUB JUDICE.

(The "Surety Company" or the "Insurer") will make the payment of the claimed amount, under the terms stipulated in this surety bond, and, where applicable, the interest for delay in accordance with article 283 of the Law on Insurance and Surety Institutions, even if the obligation is sub judice, due to proceedings before a judicial, administrative authority, or arbitral tribunal, unless the principal obtains the suspension of its execution before said instances.

(The "Surety Company" or the "Insurer") must communicate to "the Beneficiary" of the guarantee the granting of the suspension to the principal, attaching the respective records that certify this, in order for them to be able to abstain from collecting the surety bond until a final judgment is issued.

EIGHTH. - CO-SURETYSHIP OR JOINT POSITIONING OF GUARANTEES.

Co-suretyship or joint positioning of guarantees will not imply novation of the obligations assumed by (the "Surety Company" or the "Insurer"), so its responsibility will subsist exclusively to the extent and conditions in which it assumed it in this surety bond and its modifying documents.

NINTH. - CANCELLATION OF THE SURETY BOND.

(Only to be included for the case of Acquisitions, Leases and Services)

The principal may request the cancellation of the surety bond, for which it must present to (the "Surety Company" or the "Insurer") the certificate of total fulfillment of contractual obligations. When the principal requests such cancellation due to payment of balances owed to them or due to non-compliance with obligations, they must present the corresponding payment receipt.

This surety bond will be cancelled when, having fulfilled all obligations stipulated in the "Contract", "the Contracting Party" has qualified, reviewed, and accepted the guarantee presented by the principal to respond for defects, hidden flaws of the delivered goods and for their correct functioning or for the quality of the services provided by the principal, regarding the "Contract" specified on the cover of this bond and its respective modifying agreements.

NINTH. - CANCELLATION OF THE SURETY BOND.

(Only to be included for the case of Public Works and Related Services)

(The "Surety Company" or the "Insurer") will be released from its surety obligation provided that "the Contracting Party" communicates in writing, through the public official authorized for this purpose, its consent to cancel this guarantee due to the fulfillment of the obligations on the part of the principal and acceptance of the guarantee for defects or hidden flaws, accompanying the same the administrative act of extinction of rights and obligations or, where applicable, the settlement, and in the event that there are balances owed by the principal, the corresponding liquidation.

The principal may request the cancellation of the surety bond, for which it must present to (the "Surety Company" or the "Insurer") the administrative act of extinction of rights and obligations or, where applicable, the settlement, and in the event that there are balances owed by the principal, the corresponding liquidation. When the principal requests cancellation due to payment of balances owed to them or due to non-compliance with obligations, they must present the corresponding payment receipt.

TENTH. - PROCEDURES.

(The "Surety Company" or the "Insurer") expressly accepts to submit to the procedure provided for in article 279 of the Law on Insurance and Surety Institutions to enforce the surety bond.

ELEVENTH. - CLAIM

"The Beneficiary" may present the claim referred to in article 279 of the Law on Insurance and Surety Institutions in any office or branch of the Institution and before any attorney or representative thereof.

TWELFTH. - APPLICABLE PROVISIONS.

This bond will be subject, in matters not provided for by the Law on Insurance and Surety Institutions, to commercial legislation and, in the absence of express provision, to the Federal Civil Code.

ANNEX 3. MODEL OF SURETY BOND REQUIRED TO RESPOND FOR DEFECTS AND HIDDEN FLAWS OF GOODS OR THE QUALITY OF SERVICES, AS WELL AS FOR ANY OTHER LIABILITY IN ACQUISITIONS, LEASES, OR SERVICES CONTRACTS, BEFORE THE FEDERAL PUBLIC ADMINISTRATION. (DEPARTMENTS)

(Surety Company or Insurer)

Corporate Name: ___________________, hereinafter (the "Surety Company" or the "Insurer")

Address: _______________________.

Authorization from the Federal Government to operate: (Number of official letter and date).

Beneficiary:

Treasury of the Federation, hereinafter "the Beneficiary".

Address: _______________________.

Contracting Department: _______________, hereinafter "the Contracting Party".

The electronic means by which the surety bond can be sent to "the Contracting Party" and "the Beneficiary": _______.

Principal(s): (In case of joint proposal, the name and data of each of them)

Name or Corporate Name: ___________________________________.

Tax ID (RFC): __________.

Address: (The same as that appearing in the "Contract")

Policy Data:

Number: _________________________. (Number assigned by the "Surety Company" or the "Insurer")

Guaranteed Amount: _________________. (In numbers and letters, excluding the Value Added Tax)

Currency: _________.

Date of Issue: ______________.

Guaranteed Obligation: To respond for defects, hidden flaws of the delivered goods and for the quality of the services provided, as well as for any other liability in which the principal may have incurred, under the terms set forth in the "Contract" subject to this guarantee, in accordance with Clause FIRST of this surety bond.

Data of the main contract: hereinafter the "Contract or Order":

Number assigned by "the Contracting Party": _________________

Object: ______________________________________________________.

Contract Amount: ________ (in numbers and letters, excluding the Value Added Tax)

Currency: _________________________________________.

Date of Signing: ______________________________.

Type: (Acquisitions, Leases, Services)

Procedure to which this surety bond will be subject to enforce it: The one provided for in Article 282 of the Law on Insurance and Surety Institutions.

Competence and Jurisdiction: For all matters related to this bond, the principal, the surety, and any other obligated party, as well as "the Beneficiary", shall submit to the jurisdiction and competence of the federal courts of ______ (specify the location), waiving the forum that might correspond to them by reason of their domicile or for any other cause.

The surety bond is granted in accordance with the provisions of articles 49, fraction I, and 53 second paragraph, of the Law on Acquisitions, Leases and Services of the Public Sector.

Validation of the surety bond on the internet portal, electronic address www.amig.org.mx

(Name of the representative of the Surety Company or Insurer)

GENERAL CLAUSES TO WHICH THIS SURETY BOND FOR RESPONDING FOR DEFECTS AND HIDDEN FLAWS OF GOODS OR THE QUALITY OF SERVICES, AS WELL AS FOR ANY OTHER LIABILITY IN ACQUISITIONS, LEASES, AND SERVICES CONTRACTS SHALL BE SUBJECT.

FIRST.- GUARANTEED OBLIGATION.

This surety bond guarantees the obligation of the principal to respond for defects, hidden flaws of the delivered goods and for the quality of the services provided, as well as for any other liability in which they may have incurred, under the terms set forth in the "Contract", respective modifying agreements, and in the applicable legislation, in accordance with article 53 of the Law on Acquisitions, Leases and Services of the Public Sector and other applicable provisions of its Regulations.

SECOND.- GUARANTEED AMOUNT.

(The "Surety Company" or "the Insurer") commits to pay "the Beneficiary", up to the guaranteed amount indicated on the cover of this bond, which is ________ (in numbers and letters, excluding the Value Added Tax).

THIRD.- INTEREST FOR DELAY.

(The "Surety Company" or the "Insurer") undertakes to pay the interest for delay that may apply in accordance with article 283 of the Law on Insurance and Surety Institutions.

FOURTH.- VALIDITY.

The validity of this bond will be for a period of _____________ counted from the delivery of the goods or termination of the provision of the services.

The bond will continue to be valid in the event that an extension or grace period is granted to the principal to make corrections, repairs, or replacements, as well as for the fulfillment of other responsibilities guaranteed by this surety bond.

In the event that corrections, repairs, replacements, or actions have been executed to fulfill the other responsibilities guaranteed by this bond, the surety bond will remain valid for the same term mentioned in the first paragraph of this clause, regarding the goods or services subject to said activities.

FIFTH.- CORRECTION, REPAIR, OR REPLACEMENT OF GOODS OR SERVICES.

In the event that defects or hidden flaws of the delivered goods or in the quality of the services provided are presented, as well as any other liability in which the principal may have incurred under the terms set forth in the "Contract" and respective modifying agreements, "the Contracting Party" will grant a maximum term of 30 natural days to carry out the corresponding correction, repair, or replacement or to attend to any other responsibility, for which the surety bond will remain valid during that time.

In those cases where "the Contracting Party" and the principal agree on a longer term for corrections, repairs, replacements, or to fulfill any other responsibility, the principal must notify "the Institution" of this circumstance, and it must grant the modification to the surety bond in writing, solely for the purpose of recording said scenario, without affecting the continuity of the validity of the bond.

In the event that the principal does not correct, repair, or replace the goods that function incorrectly or that they continue with defects or hidden flaws, or does not attend to any other responsibility for the delivered goods, or does not carry out the necessary actions to correct the inadequate quality of the services reported by "the Contracting Party", (the "Surety Company" or the "Insurer") undertakes to pay the expenses incurred by "the Contracting Party" for said corrections, repairs, replacements, or for attending to any other responsibility for the total guaranteed amount.

In the event that the amount of the correction, repair, replacement, or attention to any other responsibility is higher than the guaranteed amount, (the "Surety Company" or the "Insurer") will only respond up to 100% of the guaranteed amount.

SIXTH.- SUB JUDICE.

(The "Surety Company" or "the Insurer") will make the payment of the required amount, under the terms stipulated in this surety bond, and, where applicable, the interest for delay in accordance with article 283 of the Law on Insurance and Surety Institutions, even if the obligation is sub judice, due to proceedings before a judicial, administrative authority, or arbitral tribunal, unless the principal obtains the suspension of its execution before said instances.

SEVENTH.- CO-SURETYSHIP OR JOINT POSITIONING OF GUARANTEES.

EIGHTH.- CANCELLATION OF THE SURETY BOND.

(The "Surety Company" or "the Insurer") will be released from its surety obligation, once ________________(as established by the department) has elapsed, counted from the date on which the physical receipt of the goods or services provided is recorded in writing, provided that "the Contracting Party" has not identified defects or hidden flaws in the delivered goods or in the quality of the services provided, as well as any other liability under the terms of the "Contract" and respective modifying agreements.

In the event that there are corrections, repairs, or replacements for defects or hidden flaws of the delivered goods, or actions to correct deficiencies in the quality of the services provided, as well as to fulfill any other liability in which the principal may have incurred under the terms set forth in the "Contract" and respective modifying agreements, once the term of thirty natural days has elapsed, or the term agreed between the principal and "the Contracting Party" to carry out said activities, the principal must present to (the "Surety Company" or the "Insurer") the written manifestation of "the Contracting Party" indicating its consent to cancel the surety bond, attaching the certificate of total fulfillment of obligations.

NINTH.- PROCEDURES.

(The "Surety Company" or "the Insurer") expressly accepts to submit to the procedure provided for in article 282 of the Law on Insurance and Surety Institutions to enforce the surety bond.

TENTH.- REQUIREMENT.

"The Beneficiary" may make the payment requirement referred to in article 282 of the Law on Insurance and Surety Institutions in the main offices, branches, service offices, or at the domiciles of the attorneys designated by the Institution to receive payment requirements, corresponding to each of the regions under the competence of the Regional Chambers of the Federal Administrative Justice Tribunal.

"The Beneficiary" will require payment from the institution accompanying the following justificatory documents:

The Act or Contract in which the obligation on the part of the principal is recorded.

The Surety Bond and respective endorsement(s).

The Administrative Act, in which the acts or omissions constituting the non-compliance with the guaranteed obligations will be recorded chronologically and in detail.

The Settlement of debt or document in which the credit or amount to be claimed against the guarantee is recorded.

If there are any, the lawsuit or any other appropriate legal defense document filed by the surety, final resolutions or judgments issued by competent authority and their notifications.

Other documents that the Treasury deems pertinent.

These documents shall be attached in original or certified copy, except for the bond policy and its endorsement or endorsements, which must be attached in original.

ELEVENTH.- APPLICABLE PROVISIONS.

This bond policy shall be subject, in matters not provided for by the Insurance and Surety Institutions Law, to commercial legislation and, in the absence of express provision, to the Federal Civil Code.

TWELFTH.- DELIVERY OF BONDS

The ("Surety" or "Insurer") shall deliver to "the Beneficiary" a copy of this policy through the electronic means, email address, or both as indicated on the cover of this policy.

ANNEX 3. BOND POLICY MODEL REQUIRED TO RESPOND FOR DEFECTS AND HIDDEN VICES OF GOODS OR THE QUALITY OF SERVICES, AS WELL AS FOR ANY OTHER LIABILITY IN ACQUISITION, LEASE, OR SERVICE CONTRACTS, BEFORE THE FEDERAL PUBLIC ADMINISTRATION. (ENTITIES)

(Surety or Insurer)

Corporate Name: ___________________, hereinafter ("the Surety" or "the Insurer")

Address: _______________________.

Federal Government Authorization to operate: _ (Number of letter and date).

Beneficiary:

(Name of the Parastatal Entity), hereinafter "the Beneficiary".

Address: ____________________

The electronic means by which the bond can be sent to "the Contractor" and to "the Beneficiary": _______.

Surety(ies): (In case of joint proposal, the name and data of each of them)

Name or corporate name: ___________________________________.

Tax ID (RFC): __________.

Address: (The same as that appearing in the "Contract")

Policy Data:

Number: _________________________. (Number assigned by "the Surety" or "the Insurer")

Bonded Amount: _________________. (In numbers and letters, excluding Value Added Tax)

Currency: _________.

Date of Issue: ______________.

Guaranteed Obligation: To respond for defects, hidden vices of the goods delivered and for the quality of the services provided, as well as for any other liability incurred by the surety, under the terms set forth in the contract subject to this guarantee, in accordance with Clause FIRST of this bond policy.

Contract or order data, hereinafter the "Contract":

Number assigned by "the Contractor": _________________

Object: ______________________________________________________.

Contract Amount: ________ (in numbers and letters, excluding Value Added Tax)

Currency: _________________________________________.

Date of Subscription: ______________________________.

Type: (Acquisitions, Leases, Services)

Procedure to which this bond policy shall be subject to make it effective: The one provided for in article 279 of the Insurance and Surety Institutions Law.

Competence and Jurisdiction: For all matters related to this policy, the surety, the guarantor, and any other obligated party, as well as "the Beneficiary", shall submit to the jurisdiction and competence of the federal courts of ___________________ (specify the place), waiving the jurisdiction that might correspond to them by reason of their domicile or for any other cause.

The bond is granted in accordance with the provisions of articles 49, fraction II, and 53 second paragraph of the Law on Acquisitions, Leases and Services of the Public Sector.

Validation of the bond on the internet portal, electronic address www.amig.org.mx

(Name of the representative of the Surety or Insurer)

GENERAL CLAUSES TO WHICH THIS BOND POLICY SHALL BE SUBJECT TO RESPOND FOR DEFECTS AND HIDDEN VICES OF GOODS OR THE QUALITY OF SERVICES, AS WELL AS FOR ANY OTHER LIABILITY IN ACQUISITION, LEASE, AND SERVICE CONTRACTS.

FIRST.- GUARANTEED OBLIGATION.

This bond policy guarantees the obligation of the surety to respond for defects, hidden vices of the goods delivered and for the quality of the services provided, as well as for any other liability incurred, under the terms set forth in the contract, respective modifying agreements, and applicable legislation, in accordance with article 53 of the Law on Acquisitions, Leases and Services of the Public Sector and other applicable provisions of its Regulations.

SECOND.- BONDED AMOUNT.

(The "Surety" or "the Insurer"), commits to pay to "the Beneficiary", up to the bonded amount indicated on the cover of this policy, which is ________ (in numbers and letters, excluding Value Added Tax).

THIRD.- INTEREST FOR DELAY.

(The "Surety" or "the Insurer"), obligates itself to pay the interest for delay that may apply in accordance with article 283 of the Insurance and Surety Institutions Law.

FOURTH.- VALIDITY.

The validity of this policy shall be for a period of ______________________ counted from the delivery of the goods or termination of the service provision.

Likewise, this bond shall remain valid during the processing of all legal appeals, arbitrations, or lawsuits filed arising from the guaranteed obligation until a final resolution is issued by a competent authority or tribunal that has become final.

The policy shall remain valid in case a extension or stay is granted to the surety to perform corrections, repairs, or replacements, as well as for the fulfillment of other responsibilities guaranteed by this bond policy.

In the event that corrections, repairs, replacements, or actions have been taken to fulfill the other responsibilities guaranteed by this policy, the bond shall remain valid for the same period mentioned in the first paragraph of this clause, with respect to the goods or services subject to such activities.

FIFTH.- CORRECTION, REPAIR OR REPLACEMENT OF GOODS OR SERVICES.

In the event that defects or hidden vices of the goods delivered or in the quality of the services provided are presented, as well as any other liability incurred by the surety under the terms set forth in the contract and respective modifying agreements, "the Contractor" shall grant a maximum period of 30 natural days to perform the corresponding correction, repair, or replacement or to attend to any other responsibility, for which the bond shall remain valid during that time.

In those cases where "the Contractor" and the surety agree on a longer period for corrections, repairs, replacements, or to fulfill any other responsibility, the surety must notify "the Institution" of this circumstance and it must grant the modification to the bond policy in writing, solely for the purpose of recording said circumstance, without affecting the continuity of the policy's validity.

In the event that the surety does not correct, repair, or replace the goods that function incorrectly or that they continue with defects or hidden vices, or does not attend to any other responsibility for the goods delivered, or does not perform the necessary actions to correct the inadequate quality of the services reported by "the Contractor", (the "Surety" or "the Insurer") obligates itself to pay the expenses incurred by "the Contractor" for such corrections, repairs, replacements, or to attend to any other responsibility up to the total bonded amount.

In the event that the amount of the correction, repair, replacement, or attention to any other responsibility is higher than the bonded amount, (the "Surety" or "the Insurer"), will only respond up to 100% of the guaranteed amount.

SIXTH.- SUBJUDICE.

(The "Surety" or "the Insurer") will make the payment of the claimed amount, under the terms stipulated in this bond policy, and, if applicable, the interest for delay according to what is established in article 283 of the Insurance and Surety Institutions Law, even if the obligation is subjúdice, by virtue of a procedure before a judicial, administrative authority, or arbitral tribunal, unless the surety obtains the suspension of its execution before said instances.

(The "Surety" or "the Insurer") must communicate to "the Beneficiary" of the guarantee, the granting of the suspension to the surety, attaching the respective records that certify it, in order to be able to abstain from collecting the bond until a final judgment is issued.

SEVENTH.- CO-SURETYSHIP OR YUXTAPOSITION OF GUARANTEES.

Co-suretyship or yuxtaposition of guarantees shall not imply novation of the obligations assumed by (the "Surety" or "the Insurer"), so its responsibility shall subsist exclusively to the extent and conditions in which it assumed it in this bond policy and its modifying documents.

EIGHTH.- CANCELLATION OF THE BOND.

(The "Surety" or "the Insurer"), shall be released from its surety obligation, once ____________________________ have passed, counted from the date on which the physical receipt of the goods or services provided is recorded in writing, provided that "the Contractor" has not identified defects or hidden vices in the goods delivered or in the quality of the services provided, as well as any other liability under the terms of the "Contract" and respective modifying agreements.

In the event that there is correction, repair, or replacement for defects or hidden vices of the goods delivered, or actions to correct deficiencies in the quality of the services provided, as well as to fulfill any other liability incurred by the surety under the terms set forth in the "Contract" and respective modifying agreements, once thirty natural days have passed, or the period agreed between the surety and "the Contractor" to perform such activities, the surety must present to (the "Surety" or "the Insurer"), the written manifestation of "the Contractor" indicating its agreement to cancel the bond, attaching the proof of full fulfillment of the obligations.

NINTH.- PROCEDURES.

(The "Surety" or "the Insurer") expressly accepts to submit to the procedure provided for in article 279 of the Insurance and Surety Institutions Law to make the bond effective.

TENTH.- CLAIM.

"The Beneficiary" may present the claim referred to in article 279 of the Insurance and Surety Institutions Law in any office or branch of the Institution and before any attorney or representative thereof.

ELEVENTH.- APPLICABLE PROVISIONS.

ANNEX 3. BOND POLICY MODEL TO RESPOND FOR DEFECTS, HIDDEN VICES, AND ANY OTHER LIABILITY RESULTING FROM THE WORKS OR THE QUALITY OF SERVICES OF THE PUBLIC WORKS CONTRACT OR RELATED SERVICES, BEFORE THE FEDERAL PUBLIC ADMINISTRATION (DEPARTMENT).

(Surety or Insurer)

Corporate Name: __________, hereinafter ("the Surety" or "the Insurer")

Address: _______________________.

Federal Government Authorization to operate: (Number of letter and date)

Beneficiary:

Name: Treasury of the Federation, hereinafter "the Beneficiary".

Address: _______________________.

Contracting Department: _______________, hereinafter "the Contractor".

The electronic means by which the bond can be sent to "the Contractor" and to "the Beneficiary": _______.

Surety(ies): (In case of joint proposal, the name and data of each of them)

Name or corporate name: ______________________________________.

Tax ID (RFC): __________.

Address: (The same as that appearing in the main contract)

Policy Data:

Number: _________________________. (Number assigned by "the Surety" or "the Insurer")

Bonded Amount: _________________. (In letters and numbers, excluding Value Added Tax)

Currency: _________.

Date of Issue: ______________.

Guaranteed Obligation: To respond for defects, hidden vices, and any other liability resulting from the executed works, including the quality of the materials used or of the services provided in which the surety or both have incurred, under the terms set forth in the "Contract" in accordance with Clause First of this bond policy.

Main Contract Data:

Number assigned by "the Contractor": _________________

Object: ______________________________________________________.

Contract Amount: _________________ (in numbers and letters, excluding Value Added Tax)

Currency: _________________________________________.

Date of Subscription:

______________________________.

Type:

(Public Works and Services)

Procedure to which this bond policy shall be subject to make it effective:

The one provided for in

Article 282 of the Insurance and Surety Institutions Law.

Competence and Jurisdiction: For all matters related to this policy, the surety, the guarantor, and any other obligated party, as well as the Beneficiary, shall submit to the jurisdiction and competence of the federal courts of________________ (specify the place,), waiving the jurisdiction that might correspond to them by reason of their present or future domicile or for any other cause or circumstance.

The bond is granted in accordance with the provisions of articles 49, fraction I and 66 of the Law on Public Works and Related Services.

Validation of the bond on the internet portal, electronic address www.amig.org.mx

(Name of the representative of the Surety or Insurer)

GENERAL CLAUSES TO WHICH THIS BOND POLICY SHALL BE SUBJECT TO RESPOND FOR DEFECTS, HIDDEN VICES, AND ANY OTHER LIABILITY RESULTING FROM THE WORKS OR THE QUALITY OF SERVICES OF THE PUBLIC WORKS CONTRACT OR RELATED SERVICES.

FIRST.- GUARANTEED OBLIGATION.

This bond policy guarantees the obligation of the surety to respond for defects, hidden vices, and any other liability resulting from the executed works, including the quality of the materials used or of the services provided by the surety or both, attending to all the stipulations established in the "Contract" specified on the cover of this policy and its respective modifying agreements, in accordance with article 66 of the Law on Public Works and Related Services and other applicable provisions of its Regulations.

SECOND.- BONDED AMOUNT.

(The "Surety" or "the Insurer"), commits to pay to "the Beneficiary", up to the bonded amount indicated on the cover of this policy, which is of _________ (in numbers and letters, excluding Value Added Tax).

THIRD.- INTEREST FOR DELAY.

(The "Surety" or "the Insurer"), obligates itself to pay the interest for delay that may apply in accordance with article 283 of the Insurance and Surety Institutions Law.

FOURTH.- VALIDITY.

The bond shall remain valid for a period of 12 (twelve) months counted from the date of physical receipt of the works indicated in the corresponding act, or in its case, from when the period has concluded for the surety to fully comply with the correction, repair, or replacement required to attend to the vices and defects or with the necessary actions to fulfill any other responsibility derived from the "Contract", for which "the Contractor", when such vices, defects, or any other liability are detected, must inform (the "Surety" or "the Insurer"), in accordance with what is provided in article 96 of the Regulations of the Law on Public Works and Related Services.

Likewise, this bond shall be valid during the processing of all legal appeals, arbitrations, or lawsuits filed until a final resolution is issued by a competent authority or tribunal that has become final.

The policy shall remain valid in case a extension or stay is granted to the surety to perform corrections, repairs, or replacements, as well as to carry out the necessary actions to fulfill the other responsibilities guaranteed by this bond policy.

In the event that corrections, repairs, replacements, or actions have been taken to fulfill the other responsibilities guaranteed by this policy, the bond shall remain valid for the same period mentioned in the first paragraph of this Clause, with respect to the works or services subject to such activities.

FIFTH.- CORRECTION, REPAIR OR REPLACEMENT OF WORKS.

In the event that defects, hidden vices, or any other liability resulting from the executed works or the quality of the services provided by the surety are presented, "the Contractor" shall grant a maximum period of 30 (thirty) natural days to perform the corresponding correction, repair, or replacement or to attend to any other responsibility under the terms set forth in the "Contract" and its respective modifying agreements.

In those cases where "the Contractor" and the surety agree on a longer period for the corresponding corrections, repairs, or replacements or to respond for any other responsibility, the surety must notify the institution of this circumstance and it must grant the modification to the bond policy in writing, solely for the purpose of recording said circumstance, without affecting the continuity of the policy's validity.

In the event that the surety does not respond for the defects or hidden vices in the executed works or in the quality of the services provided or for any other liability under the terms set forth in the "Contract", reported by "the Contractor", (the "Surety" or "the Insurer") obligates itself to pay the expenses incurred by "the Contractor" for the corresponding corrections, repairs, or replacements or to attend to any other responsibility up to the total bonded amount.

In the event that the amount of the corresponding correction, repair, or replacement or of the attention to any other responsibility is higher than the bonded amount, (the "Surety" or "the Insurer") will only respond up to 100% of the guaranteed amount.

SIXTH.- SUBJUDICE.

(The "Surety" or "the Insurer") will make the payment of the required claimed amount, under the terms stipulated in this bond policy, and, if applicable, the interest for delay according to what is established in article 283 of the Insurance and Surety Institutions Law, even if the obligation is subjúdice, by virtue of a procedure before a judicial, administrative authority, or arbitral tribunal, unless the surety obtains the suspension of its execution before said instances.

SEVENTH.- CO-SURETYSHIP OR YUXTAPOSITION OF GUARANTEES.

EIGHTH.- CANCELLATION OF THE BOND.

(The "Surety" or "the Insurer") shall be released from its surety obligation once twelve months have passed from the date of the physical receipt act of the works, provided that "the Contractor" has not notified (the "Surety" or "the Insurer") that defects or hidden vices were detected in the works or in the quality of the services or any other liability under the terms set forth in the "Contract" within the period established in this guarantee or the extended in accordance with article 96 of the Regulations of the Law on Public Works and Related Services, for which the surety must present to (the "Surety" or "the Insurer")

the physical receipt act of the works once the validity of this policy has expired.

In the event that there is correction, repair, or replacement for defects or hidden vices in the works or in the quality of the services provided or of actions to fulfill any other liability under the terms set forth in the "Contract", the surety must present to (the "Surety" or "the Insurer") the physical receipt act of the works, together with the express and written manifestation of "the Contractor" indicating its agreement to cancel this bond, since such activities have been carried out.

NINTH.- PROCEDURES

(The "Surety" or "the Insurer") expressly accepts to submit to the procedure provided for in article 282 of the Insurance and Surety Institutions Law to make the bond effective.

TENTH.- REQUIREMENTS

"The Beneficiary" may make the payment request referred to in article 282 of the Insurance and Surety Institutions Law in the main offices, branches, service offices, or in the domiciles of the attorneys designated by the Institution to receive payment requests, corresponding to each of the regions competent for the Regional Chambers of the Federal Administrative Justice Tribunal.

"The Beneficiary" will require payment from the institution accompanying the following justificatory documents:

The Act or Contract in which the obligation of the surety is recorded.

The Bond Policy and respective endorsement or endorsements.

The Administrative Act, in which the acts or omissions constituting the non-compliance with the guaranteed obligations will be recorded chronologically and in detail.

The Settlement of Debt or document in which the credit or amount to be claimed against the guarantee is recorded.

If there are any, the lawsuit or any other appropriate legal defense document filed by the surety, final resolutions or judgments issued by competent authority and their notifications.

Other documents that the Treasury considers pertinent.

These documents shall be attached in original or certified copy, except for the surety bond policy and its endorsement or endorsements, which must be attached in original.

ELEVENTH. - APPLICABLE PROVISIONS.

This policy shall be subject, in matters not provided for by the Insurance and Surety Institutions Law, to commercial legislation and, in the absence of express provision, to the Federal Civil Code.

TWELFTH. - DELIVERY OF BONDS

The ("Guarantor" or "Insurer") shall deliver to "the Beneficiary" a copy of this policy through the electronic means, email address, or both as indicated on the cover of this policy.

ANNEX 3. SURETY BOND MODEL TO RESPOND FOR DEFECTS, HIDDEN VICES AND ANY OTHER LIABILITY ARISING FROM THE WORKS OR THE QUALITY OF THE SERVICES OF THE PUBLIC WORKS OR RELATED SERVICES CONTRACT, BEFORE THE FEDERAL PUBLIC ADMINISTRATION (ENTITY).

(Guarantor or Insurer)

Corporate Name: __________, hereinafter, (the "Guarantor" or the "Insurer")

Address: _______________________.

Federal Government Authorization to operate: (Number of official letter and date)

Beneficiary:

(Name of the (Parastatal Entity), hereinafter "the Beneficiary"

Address: _______________________.

The electronic means by which the bond can be sent to "the Contractor" and to "the Beneficiary": ___________________.

Surety(ies): (In case of joint proposal, the name and data of each of them)

Name(s) or Corporate Name(s): ______________________________________.

RFC: __________.

Address: (The same as that appearing in the main contract)

Policy Data:

Number: _________________________. (Number assigned by the Guarantor or the Insurer)

Bonded Amount: _________________. (In letters and numbers, excluding Value Added Tax)

Currency: _________.

Date of Issue: ______________.

Guaranteed Obligation: To respond for defects, hidden vices and any other liability that results from the executed works, including the quality of the materials used or the services provided by the surety or both, under the terms set forth in the contract subject to this guarantee in accordance with Clause FIRST of this surety bond policy.

Main Contract Data:

Number assigned by "the Contractor": _________________

Object: ______________________________________________________.

Contract Amount: ___________________ (in numbers and letters, excluding Value Added Tax)

Currency: _________________________________________.

Date of Subscription:

______________________________.

Type: (Public Works or related services.)

Procedure to which this surety bond policy shall be subject to make it effective: The one provided for in article 279 of the Insurance and Surety Institutions Law.

Competence and Jurisdiction: For everything related to this policy, the surety, the guarantor and any other obligated party, as well as the Beneficiary, shall submit to the jurisdiction and competence of the federal courts of _________________________(specify the place), waiving the forum that might correspond to them by reason of their domicile or for any other cause.

The bond is granted in accordance with the provisions of articles 49, fraction II and 66 of the Law of Public Works and Related Services.

Validation of the bond on the internet portal, electronic address www.amig.org.mx

(Name of the representative of the Guarantor or Insurer)

GENERAL CLAUSES TO WHICH THIS SURETY BOND POLICY TO RESPOND FOR DEFECTS, HIDDEN VICES AND ANY OTHER LIABILITY ARISING FROM THE WORKS OR THE QUALITY OF THE SERVICES OF THE PUBLIC WORKS OR RELATED SERVICES CONTRACT SHALL BE SUBJECT.

FIRST. - GUARANTEED OBLIGATION.

This surety bond policy guarantees the obligation of the surety to respond for defects, hidden vices and any other liability that results from the executed works, including the quality of the materials used or the services provided by the surety or both, attending to all the stipulations established in the "Contract" specified on the cover of this policy and its respective modifying agreements, in accordance with article 66 of the Law of Public Works and Related Services and other applicable provisions of its Regulations.

SECOND. - BONDED AMOUNT.

(The "Guarantor" or "Insurer"), commits to pay to "the Beneficiary", up to the bonded amount indicated on the cover of this policy, which is _________ (in numbers and letters, excluding Value Added Tax).

THIRD. - INTEREST FOR DELAY.

(The "Guarantor" or "Insurer"), obligates itself to pay the interest for delay that may apply, in accordance with article 283 of the Insurance and Surety Institutions Law.

FOURTH. - VALIDITY.

The bond shall remain valid for a period of 12 (twelve) months counted from the date of physical receipt of the works indicated in the corresponding minutes, or in its case, from when the period has concluded for the surety to fully comply with the correction, repair or replacement required by the attention of the vices and defects or with the necessary actions to comply with any other liability derived from the "Contract", for which "the Contractor", when such vices, defects or any other liability are detected, must make it known to (the "Guarantor" or the "Insurer"), in accordance with what is provided in article 96 of the Regulations of the Law of Public Works and Related Services.

Likewise, this bond shall remain valid during the processing of all legal appeals, arbitrations or lawsuits filed, until a final resolution is issued by a competent authority or tribunal, which has become final.

The policy shall continue to be valid in case a extension or grace period is granted to the surety to perform the corrections, repairs or replacements, as well as to carry out the necessary actions to comply with the other liabilities guaranteed by this surety bond policy.

In the event that corrections, repairs, replacements or actions have been executed to comply with the other liabilities guaranteed by this policy, the bond shall remain valid for the same term mentioned in the first paragraph of this Clause, with respect to the works or services subject to such activities.

FIFTH. - CORRECTION, REPAIR OR REPLACEMENT OF THE WORKS.

In the event that defects, hidden vices or any other liability resulting from the executed works or the quality of the services provided, in which the surety may have incurred under the terms set forth in the contract and respective modifying agreements, "the Contractor" shall grant a maximum period of 30 (thirty) natural days to effect the corresponding correction, repair or replacement or to attend to any other liability, for which the bond shall remain valid during that time.

In those cases where "the Contractor" and the surety agree on a longer period for the corresponding corrections, repairs or replacements or to respond to any other liability, the surety must notify the institution of this circumstance and it must grant the modification to the surety bond policy in writing, solely for the purpose of recording said circumstance, without affecting the continuity of the validity of the policy.

In the event that the surety does not respond to the defects or hidden vices in the executed works or in the quality of the services provided or for any other liability under the terms set forth in the "Contract", which are reported to it by "the Contractor", (the "Guarantor" or the "Insurer") obligates itself to pay the expenses incurred by "the Contractor" for the corresponding corrections, repairs or replacements or to attend to any other liability up to the total of the bonded amount.

In the event that the amount of the corresponding correction, repair or replacement or of the attention to any other liability is higher than the bonded amount, (the "Guarantor" or the "Insurer") will only respond up to 100% of the guaranteed amount.

SIXTH. - SUBJUDICE.

(The "Guarantor" or the "Insurer") will make the payment of the claimed amount, under the terms stipulated in this surety bond policy, and, if applicable, the interest for delay according to what is established in article 283 of the Insurance and Surety Institutions Law, even if the obligation is subjúdice, by virtue of a procedure before a judicial, administrative authority or arbitral tribunal, unless the surety obtains the suspension of its execution before said instances.

(The "Guarantor or the "Insurer") must notify "the Beneficiary" of the granting of the suspension to the surety, attaching the respective records that so certify, in order to be able to abstain from collecting the bond until a final judgment is issued.

SEVENTH. - CO-SURETYSHIP OR JUXTAPOSITION OF GUARANTEES.

Co-suretyship or juxtaposition of guarantees shall not imply novation of the obligations assumed by (the "Guarantor or the "Insurer"), so its responsibility shall subsist exclusively to the extent and conditions in which it assumed it in this surety bond policy and its modifying documents.

EIGHTH. - CANCELLATION OF THE BOND.

(The "Guarantor or the "Insurer") shall be released from its surety obligation once twelve months have passed from the date of the physical receipt minutes of the works, provided that "the Contractor" has not notified (the "Guarantor or the "Insurer") that defects or hidden vices in the works or in the quality of the services or any other liability under the terms set forth in the "Contract" have been detected within the term established in this guarantee or the extended one in accordance with article 96 of the Regulations of the Law of Public Works and Related Services, for which the surety must present to (the "Guarantor or the "Insurer") the physical receipt minutes of the works once the validity of this policy has expired.

In the event that there is correction, repair or replacement for defects or hidden vices in the works or in the quality of the services provided or actions to comply with any other liability under the terms set forth in the "Contract", the surety must present to (the "Guarantor or the "Insurer") the physical receipt minutes of the works, together with the express and written declaration of "the Contractor" indicating its conformity to cancel this bond, since such activities have been carried out.

NINTH. - EXECUTION PROCEDURE.

(The "Guarantor" or the "Insurer") expressly accepts to submit to the execution procedure established in article 279 of the Insurance and Surety Institutions Law, for the effectiveness of this guarantee.

TENTH. - CLAIM

"The Beneficiary" may present the claim referred to in article 279 of the Insurance and Surety Institutions Law at any of the Institution's offices and before any attorney or representative thereof.

ELEVENTH. - APPLICABLE PROVISIONS.

This policy shall be subject, in matters not provided for by the Insurance and Surety Institutions Law, to commercial legislation and, in the absence of express provision, to the Federal Civil Code.

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Electronic Address: dof.gob.mx

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